Ep. 69 - Committing to Success with David Janis The Art of Winning

David Janis is a successful real estate agent in Boulder who has consistently ranked in the top 10 agents for the last 14 years. He is known for his hard work, excellent service, and determination to get the job done. David has a passion for building houses and started flipping properties in 2017. He formed a team around that business model, and they generated $1.2m in gross revenue from selling 80-100 homes a year. David's extensive knowledge of the Boulder County market is unmatched, and he has a proven track record of succeeding in any market. If you want to contact David's services or learn about his portfolio, check Janis Development!
 
In this episode, Dave talks about how he moved to Boulder and started selling real estate despite challenging market conditions in 2008. Through dedication and hard work, Dave made it work and eventually became a successful developer of million-dollar-plus homes. He shares his success story and highlights the importance of commitment when starting a new venture.
 
We also talk about the concept of "burning the boats" and how it can help you stay focused and achieve success. Additionally, he discusses the support from his wife, which was essential for him to make the transition, managing expectations in relationships, and the concept of FIRE (financial independence retire early). We also delve into understanding the risks associated with flipping houses and developing property, calculating all the expenses, such as closing fees and real estate commissions, before purchasing. We learn about making a successful transition from working in the business to leading it through hiring out tasks to those better suited for them, training employees well, and allowing them sufficient time to become good at their jobs.
 
[00:00 - 15:21] Finding Success in Difficult Times
·       Dave Janis is introduced to the show.
·       Dave moved to Boulder, Colorado, from Chicago in 2008 and started a new career in real estate. He has achieved success despite starting in a challenging market.
·       Dave and Ashton discuss their experiences with GoBundance, a mastermind that has influenced their lives and the event where they met.
 
[15:40 - 30:23] Burning the Boats: Pursuing One's Dreams
·       Entrepreneurs must be resilient and adaptable to navigate hard times and good times.
·       Building a business requires taking calculated risks and finding good deals in the market.
·       Discovering your purpose at a young age can lead to a successful and fulfilling career in that field.
·       Starting small and taking calculated risks can lead to significant growth in the long run.
·       To scale a business, it's crucial to reinvest profits and seek out opportunities to expand.
·       Pursuing one's dreams can be a fulfilling career choice, even if it may not be the most financially lucrative.
·       Pursuing one's dreams can require taking risks and making sacrifices, but it can ultimately lead to a more fulfilling life.
 
[30:23 - 43:49] Impact-Driven Leadership
·       Learning to be a leader is an ongoing process.
·       Management is not the same as leadership.
·       Some people are born natural leaders, while others need to study leadership and learn.
·       It is essential to learn from failure to gain experience and knowledge.
·       Realize that managing people means being in a leadership role
·       It's important to shift your mindset and realize you're a leader for your family, clients, and team.
·       Being at the top of your game as a leader requires intentionality.
·       Successful people are often intentional in their actions.
 
[43:49 – 58:05] Closing Segment
·       What are the key elements you look for when investing, and what is your strategy for building wealth?
o   Dave has a cle